Office space demand by midcap companies in Romania rose 14% in the first nine months of 2013, and 54% of them are disposed to pay monthly rent of up to EUR11/square meter, according to real estate
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Romania’s capital city Bucharest ranks fourth in Europe, after Istanbul, Kiev and Warsaw, by new office space supply expected between 2013 and 2014, according to a survey by real estate consulting
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Office space rentals in Bucharest totaled 125,000 square meters in the first half of 2013, up 12% on the year, and new rental contracts made up less than one quarter, according to real estate service
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Real estate consulting firm CBRE Romania brokered nine office space transactions (18,000 square meters) in the first half of the year, and most of the contracts were renegotiated or extended, which
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Chocolate and sweets manufacturer Ferrero Romania has rented out 1,200 square meters of office space in office building City Gate in capital city Bucharest, according to realty consulting firm BNP
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Demand for office space by midcap companies in Romania increased by 9% on the year in the first half of 2013, considering that the number of midcap firms in search of office spaces rose by 21% in the
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Average office space rents in Bucharest range between EUR7.69/square meter per month and almost EUE13/sqm/month, and the cheapest offers are available in the eastern parts of the capital, according to
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Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, has found new tenants fast after UniCredit Tiriac and Raiffeisen Bank moved out. The two left
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Insurer Generali, antivirus software vendor BitDefender and the importer of the Mercedes Benz cars are among the companies to have sealed the most important office space deals in the first months of
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Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contracts with
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Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to
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With more than 200,000 square meters of empty office space in an economy that is not completely free of recession and low foreign direct investment (merely EUR2 billion a year), developers continue to
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The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm Colliers
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Bucharest ranked 27 in a Cushman&Wakefield survey on the cost and availability of office space 36 European locations, up from last year's ranking, following improvements in the city infrastructure.
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Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would go higher
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